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Ventures West Management Inc. CERTIFIED

No New Investments Warning:
Members have submitted information that the following organization(s) may not be making investments into new portfolio companies. This warning can be contested by submitting proof of a completed investment in a new portfolio company within the last four weeks here.

Firm Rating:

Rated 4.0 / 5.0 by 4

TrackRecord

3.7

OperatingCompetence

4.0

PitchingEfficiency

4.3

FavorableDeal Terms

4.2

ExecutionAssistance

3.5

Firm Homepage:

FIRM OVERVIEW: Medium Private VC founded in 1968 based out of Vancouver, Canada (Canada)

FIRM DESCRIPTION: Ventures West 8, a C$250 Million fund, closed in September 2004 and is focused on investing in technology startups in Canada. The fund will invest in technology companies that have the potential to become worldwide market leaders and which are led by talented, visionary entrepreneurs. Ventures West expects to invest in 6 to 8 new companies each year and commit $5 to $15 million per company, over multiple rounds.

Posted by
Anonymous
on 2008-08-22

PUBLIC:

In July 2008, most likely as the result of challenges in raising their ninth fund, VenturesWest took initial downsizing steps that saw the departure of a number of their staff. Departures appear to include Chris Laird, David Mcintyre, Maha Katabi as well as Robin Axon.

Posted by
Anonymous
on 2007-11-22

PUBLIC:

We worked with David McIntyre and Sam Znaimer. Both were intereted in our deal and worked to position it for success within the firm. We got nearly to the end of the diligience process and were turned down.

To the team's credit, we perserved and showed traction on our plan. They took another look and participated in an earlyseed funding round along side angels. Found the team very professional and willing to back the right type of company - their description is dead on for the type of company they look for. They are willing to get in early if there's the potential for additional funding in later rounds so they can reach their $5-$15M target.

To date, their contribution to the board and corporate development has been a very welcomed addition to the team. I've thanked them on multiple occassions.